SENSEX
NIFTY
GOLD
USD/INR

Weather

image 29    C

World News

The Economic Times

World / The Economic Times

details

Bank of England raises rates for first time since 2023, says more may come

British inflation is likely to reach around 5% in the middle of next year, the BoE said, more than double the central bank's target and a blow for new Prime Minister Andy Burnham who has sought to ease of cost of living pressures.

5 Nov 2026 5:48 pm